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Govt extends stock limits on sugar traders for six months

Govt extends stock limits on sugar traders for six months

The government on Wednesday decided to extend stock limits on sugar traders by another six months till October 2017 to check sweetener prices that are ruling at Rs 42-44 per kg.

Price rise: Govt allows duty free import of raw sugar up to 5 lakh tonnes

Price rise: Govt allows duty free import of raw sugar up to 5 lakh tonnes

The government on Wednesday allowed duty free import of up to 5,00,000 tonnes of raw sugar to boost domestic supplies and check price rise amid production fall.

Govt slaps 20% export duty on sugar to check prices

Govt slaps 20% export duty on sugar to check prices

Government Thursday imposed 20 percent customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs 40/kg.

Import duty on sugar can be raised if mills clear arrears: Paswan

The government could raise import duty on sugar to protect mills if they clear farmers` cane arrears, Food Minister Ram Vilas Paswan said Thursday.

Commerce Min not looking at hiking import duty on sugar

The Commerce Ministry is not looking at hiking import duty on sugar as it has not yet received any proposal in this regard, a top official said Wednesday.

Sugar import to stop after custom duty hike: Pawar

Hike in sugar import duty to 15 percent will halt shipments and boost domestic sales helping millers to clear Rs 9,000 crore outstanding payments to cane farmers, Agriculture Minister Sharad Pawar said Wednesday.

Govt plans to hike sugar import duty to 15%

The government plans to increase import duty on sugar to 15 percent from the current 10 per percent in order to curb shipments and clear sugarcane arrears to farmers estimated at about Rs 9,000 crore.

Increase in import duty on sugar not feasible: Govt

The government Friday said it has decided not to increase import duty on sugar though industry bodies and manufacturers had demanded a hike to curb shipment of the sweetener.

Food Min proposes hike in import duty on white sugar to 20%

The Food Ministry has recommended a hike in import duty on white sugar to 20 percent in order to check flooding of the sweetener in the domestic market, a senior government official said Monday.

Food Min proposes 10% duty on sugar imports

The Food Ministry has proposed imposing 10 percent import duty on sugar as the country has surplus domestic production.